$15,500,000

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Property Details

1031 DREAM ON PRIME VILLAGE BLOCK
Christie's International Real Estate has been retained on an exclusive basis to arrange for the sale of 11 Carmine Street, a prominent West Village mixed-use building being offered for the first time in generations. Located on the west side of Carmine Street between Bleecker Street and Sixth Avenue, the property is perfectly situated in the cultural heart of historic West Village, just 300 feet from the West 4th Subway with immediate access to hundreds of premier restaurants, shopping destinations, artisanal eateries, city parks and cultural attractions.
11 Carmine is a five-story, mixed-use walk-up building with retail on the ground floor and 13 apartments above, five of which are two-bedrooms and eight are one-bedrooms plus office. Dos Toros Taqueria, a critically acclaimed fast-casual San Francisco-style taqueria with twenty locations in NYC alone, occupies the retail space through September 2025. Both the retail and residential portions command strong rent; with additional, basic capital upgrades upside is available in all 13 residential units, two of which are rent stabilized.
11 Carmine is a strong cash flowing asset in one of the most sought-after neighborhoods in the world and provides an excellent value-add investment.